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Uber, Lifting Financial Veil, Says Sales Growth Outpaces Losses – Bloomberg

Based on these numbers, Uber took an average of 32.5 percent of revenue for each ride. Much more than the 20 percent they tout to drivers.

The ride-hailing giant more than doubled gross bookings in 2016 to $20 billion, according to financial information Uber shared with Bloomberg. Net revenue was $6.5 billion, while adjusted net losses were $2.8 billion, excluding the China business, which it sold last summer.

Source: Uber, Lifting Financial Veil, Says Sales Growth Outpaces Losses – Bloomberg

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